Supply Chain Risk Resilience

As the CIPS Risk Index, powered by Dun & Bradstreet, shows, risk is on the increase. The tipping point of economic risk came in 2008, when the full effect of the recession hit globally, but we’ve also seen that the shockwaves from major environmental disasters, such as the Japan earthquake in 2011, and social unrest on every continent, can ripple and resonate across supply chains, turning, at a stroke, the best of plans upside down.

Information about Supply Chain Risk Resilience

Although the risk landscape is getting bleaker, the profession has been talking about managing risk, for decades. Indeed, along with business continuity it is the only approach most procurement and supply professionals ever consider; but looking forward, shouldn’t we be talking more about resilience?